- reciprocal insurance association
- An association providing reciprocal insurance to its members. 29 Am J Rev ed Ins § 102. See reciprocal insurance.
Ballentine's law dictionary. Anderson, W.S.. 1998.
reciprocal insurance association
Look at other dictionaries:
reciprocal exchange — n: an unincorporated association in which members (as individuals, partnerships, trustees, or corporations) exchange contracts and pay premiums through an attorney in fact for the insurance of each other liability of each member of the reciprocal … Law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
reciprocal exchange — noun : an unincorporated association of companies or individuals set up to permit its members to take out reciprocal insurance * * * an unincorporated association formed so that its members can participate in reciprocal insurance … Useful english dictionary
insurance company — A company engaged in the business of making contracts by which it agrees to indemnify the other parties thereto from a loss or damage which they may suffer from a specified peril. Strictly construed, an insurance company regularly incorporated… … Ballentine's law dictionary
insurance exchange — An association of insurance companies or insurance agents for the purpose of promoting the business, welfare, and convenience of the members, and to secure uniformity in the insurance business. 29 Am J Rev ed Ins § 109. In another and distinct… … Ballentine's law dictionary
reciprocal exchange — an unincorporated association formed so that its members can participate in reciprocal insurance. * * * … Universalium
Insurance in the United States — refers to the market for risk in the United States of America. Some main features of insurance could be said to be, *the benefit provided by a particular kind of indemnity contract, called an insurance policy; *that is issued by one of several… … Wikipedia
Farmers Insurance Group — Type Subsidiary Industry Insurance Founded Los Angeles, California … Wikipedia
interinsurance association — An association engaged in providing reciprocal insurance for its members. 29 Am J Rev ed Ins § 102. See reciprocal insurance … Ballentine's law dictionary
